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Friday, April 26, 2024

PRHG preps listing to fund growth

Mr Ronnachit says the funds will be partially used to construct two hospital buildings and a parking facility.

Patrangsit Healthcare Group (PRHG), a local healthcare service provider, is preparing to strengthen its medical operations through fundraising on the Stock Exchange of Thailand.

Chief executive Ronnachit Yaemsaard said the company wants to mobilise funds for projects planned for this year through 2026 as part of a strategy to enhance the efficiency of medical operations.

PRHG recently filed a proposal with the Securities and Exchange Commission to offer up to 54 million shares in its initial public offering (IPO) at a par value of 1 baht apiece.

The total amount of IPO shares accounts for 18% of the company’s paid-up…

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